Tuesday, July 15, 2008

An Insider's Secret to Making Money While You Sleep

There’s nothing like waking up in the morning, logging into your online business and seeing that $1,000 came in during the night…from people around the world that you don’t know… and never saw. Can you imagine that happening to you?

Think about going to bed tonight and waking up with a bigger bank account tomorrow morning.

It’s not that hard… if you know the SECRET.

As a matter of fact it is easy, because of the magic of “technology.”

The Internet lets you reach billions of people around the world and deliver them valuable information, information they’re very happy to pay you big bucks for. And the information they want (reports, ebooks, newsletters, ecourses, software, music, videos, etc.), costs you only a few pennies to deliver. Best of all you don’t even need to create the information to sell, just sell somebody else’s information and collect commissions.

That’s called affiliate income. And it’s not a new idea. As a matter of fact, hundreds of thousands of people make five and six figure incomes doing just that. Last year their affiliate commissions topped $8 billion. Yes, with a “B”.
The secret is “automating the process.”

Creating an online business requires four components. (1) The PRODUCT you’re selling, (2) the TECHNOLOGY infrastructure to operate the business, (3) getting TRAFFIC to the business, and (4) CONVERTING that traffic into customers and collecting their MONEY.

Most people think that if they have a product and a website, they can make money online. While it’s possible, it takes a lot of time to manage all the various activities required and you don’t get much sleep in the process.

While an online business looks simple, there a lot of thing going on that need to be managed by computers and software.

First you need to have a hosting account and webserver that operates your website and let’s people access it from the Internet.

Then you need to have a SALES PAGE that describes and sells your product or service. You also need an OPT-IN PAGE and AUTOREPSONDER to collect visitors names and email addresses to build your LIST. Then you need to put AUDIO and/or VIDEO on your sales page to increase the percentage of buyers.

Then you need some way to track your TRAFFIC so you can maximize your advertising dollars. And finally, and most importantly, you need to a way to measure and continually improve your CONVERSIONS (the percentage of buyers).

(The biggest reason people don’t make money with their websites is that they don’t measure and improve their conversions. Measuring and improving sales page conversions is done with SPLIT-TESTING. Split-testing is creating two different versions and testing which version converts better.)

Typically all these functions are done with separate software applications that are expensive and time consuming to manage, keeping you up late at night.

Since your time is your most valuable asset, you don’t want to waste it managing technologies.

As Alex Mandossian, the very successful Internet marketer, told me during a mentoring session, the key to making money online is simple.

Don’t spend any more than 10% of your time on technologies, so you can spend at least 90% of your time on getting TRAFFIC and CONVERTING it into customers. That’s where the money is made.

There are ONLY TWO WAYS to accomplish that goal. (1) Hire a webmaster to set up and run the technologies you need, which can be quite expensive, or (2) Get an integrated system where all the software applications have been combined to work together as a complete business engine. This is called automation and is the SECRET to making money while you sleep.

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Wayne Van Dyck is the founder and principal of Six Degrees Media in Sausalito, CA. He is also the creator and developer of Smart Money Websites, the first complete, Internet Business-In-A-Box. If you would like a copy of Wayne's e-book, "How to Make Your First $50,000 Online" please CLICK HERE.

Article Source: http://EzineArticles.com/?expert=Wayne_Van_Dyck


Saturday, July 12, 2008

Start Your Own Home Internet Business

When looking to start your own home internet business it is important to spend a good amount of time researching your options. The internet has been known to deceive people into investing money into bunk programs and products. Avoid being scammed by finding low cost reputable programs that have a clean history.

Once you have your own home internet business picked out, use free or low cost marketing methods to promote it. Be prepared though to put in the required work to make your new home internet business work. Even on a tight budget you can still make your home business very profitable. Here's a what you need to get started:

Finding a reputable company to host your website is the first thing you need to do. Do not overlook this first step as it is very important to the overall success of your home internet business. Ease of use and reliable support are what you should look for. Finding a free host is not a good option.

To capture email addresses of the people who come to your website you will also need o purchase an auto-responder. The small fee you pay is nothing compared to the value you will receive for your home internet business.

If you are not sure how to build your own website don't worry, there are plenty of free templates available to get you started. You can find free e-books to help you along with the process. If you are still a bit hesitant you can always start a free blog and promote your home internet business that way.

There are home internet businesses that offer a package deal including all the things mentioned here. Much of the time they also include the products, training, and all the tools you will need to get started. To the beginner internet marketer, this option is highly recommended.

Next you will need to find some products or services to sell on your new website and there are a couple of different ways you can do this.

Promoting affiliate programs and products would be one option to consider. Many of these programs are free to join and all you have to do is copy and paste a code to place a banner on your website. The more traffic you get to your home internet business the more clicks you will get on the banners. Once somebody clicks on the banners and signs up or buys one of their products or services, you get paid a commission.

Clickbank offers free accounts that allow you to promote and sell their products for a commission as well.

Once you have found what you are going to promote, it is time to get down to the nitty gritty and start marketing your home internet business. You do not need money to do this. The most effective methods are free and should be used on a daily basis.

There are plenty of free methods like blogging, posting in forums, and writing articles that you should be using. To make your home internet business work it is vital that you use some form of these promoting efforts on a daily basis. Without taking action, your new home internet business will be nothing but something for you to look at.

It takes time to build a profitable home business. If you really want to make money online with a home internet business remain patient and persistent with your efforts. A profitable home internet business is the result of a well researched and concentrated effort.

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Matt Helphrey invites you to visit his home internet business where he will share success ideas with you. Find out what low cost home internet idea turned into a reality for him.

Article Source: http://EzineArticles.com/?expert=Matt_Helphrey

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